Anil Ambani Withdraws Urgent Hearing Petition in Income Tax Case after Bombay HC Slaps ₹25K Cost for creating ‘Artificial Urgency’ [Read Order]
The Bench observed that the Chairman and Managing Director of the magnanimous Reliance Group had approached the Court at the last moment and then cited urgency
The Bombay High Court recently imposed a cost of ₹25,000 on industrialist Anil Dhirajlal Ambani for seeking an urgent hearing in a matter concerning a Notice issued by the Income Tax Department. The Court found that the petition lacked genuine urgency and that Ambani had attempted to create an ‘artificial urgency’ to expedite their matter….
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